Hi
stupid question perhaps ...in the current climate where central banks are printing money for fun and that presents the possability that they real value of money say (€) falls in purchase power terms , is it correct to say that having a mortgage in euro as well as cash on deposit that any fall in the € purchase power of your cash on deposit is in a way hedged by the relative fall in your mortgage value ???
Hope that makes sense.
stupid question perhaps ...in the current climate where central banks are printing money for fun and that presents the possability that they real value of money say (€) falls in purchase power terms , is it correct to say that having a mortgage in euro as well as cash on deposit that any fall in the € purchase power of your cash on deposit is in a way hedged by the relative fall in your mortgage value ???
Hope that makes sense.